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Economy of the United Arab Emirates
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Economy of the United Arab Emirates : ウィキペディア英語版
Economy of the United Arab Emirates

The economy of the United Arab Emirates is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of $570 billion (AED2.1 trillion) in 2014. The United Arab Emirates has been successfully diversifying its economy. 71% of UAE's total GDP comes from non-oil sectors.
Although UAE has the most diversified economy in the GCC, the UAE's economy remains extremely reliant on oil. With the exception of Dubai, most of the UAE is dependent on oil revenues. Petroleum and natural gas continue to play a central role in the economy, especially in Abu Dhabi. More than 85% of the UAE's economy was based on the oil exports in 2009.〔(【引用サイトリンク】title=The World Factbook )〕〔(【引用サイトリンク】title=WTO Trade Statistic 2009 )〕 While Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification, Dubai, which has far smaller oil reserves, was bolder in its diversification policy.〔(【引用サイトリンク】title=United Arab Emirates profile )〕 In 2011, oil exports accounted for 77% of the UAE's state budget.〔(【引用サイトリンク】title=Economic diversification in the GCC countries )
Dubai suffered from a significant economic crisis in 2007-2010 and was bailed out by Abu Dhabi's oil wealth. Dubai's current prosperity has been attributed to Abu Dhabi's petrodollars. Dubai is currently in extreme debt. Tourism is one of the main sources of revenue in the UAE, with some of the world's most luxurious hotels being based in the UAE. Although the UAE is now less dependent on natural resources as a source of revenue, petroleum and natural gas exports still play an important role in the economy, especially in Abu Dhabi. A massive construction boom, an expanding manufacturing base, and a thriving services sector are helping the UAE diversify its economy. Nationwide, there is currently $350 billion worth of active construction projects.〔(3 )〕
The UAE is a member of the World Trade Organization and OPEC.
==Overview==
UAE has the second-largest economy in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of $377 billion (AED1.38 trillion) in 2012. A third of the GDP is from oil revenues.〔 The economy was expected to grow 4–4.5% in 2013, compared to 2.3–3.5% over the previous five years. Since independence in 1971, UAE's economy has grown by nearly 231 times to AED1.45 trillion in 2013. The non-oil trade has grown to AED1.2 trillion, a growth of around 28 times from 1981 to 2012.〔
Prior to independence from the UK and unification in 1971, each emirate was responsible for its own economy. At the time, pearl diving, seafaring and fishing were together the mainstay of the economy, until the development of Japanese cultured pearls and the discovery of commercial quantities of oil.〔(【引用サイトリンク】title=UAE History & Traditions: Pearls & pearling - UAEinteract )〕 Previous UAE President Sheikh Zayed Bin Sultan Al Nahyan is credited with bringing the country forward into the 20th century and using the revenue from oil exports to fund all the necessary development. Likewise, former UAE vice-president Sheikh Rashid Bin Saeed Al Maktoum had a bold vision for the Emirate of Dubai and foresaw the future in not petroleum alone, but also other industries.〔(【引用サイトリンク】title=The Hong Kong of the Middle East )

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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